101 bankruptcy Online Bankruptcy Resources
Home Bankruptcy Guide Bankruptcy Resources Links About
Bankruptcy News Archive
Apr 2015 | Mar 2015 | Feb 2015 | Jan 2015 | Dec 2014 | Nov 2014 | Oct 2014 | Sep 2014 | Aug 2014 | Jul 2014 | Jun 2014 | May 2014 | Apr 2014 | Mar 2014 | Feb 2014 | Jan 2014 | Dec 2013 | Nov 2013 | Oct 2013 | Sep 2013 | Aug 2013 | Jul 2013 | Jun 2013 | May 2013 | Apr 2013 | Mar 2013 | Feb 2013 | Jan 2013 | Dec 2012 | Nov 2012 | Oct 2012 | Sep 2012 | Aug 2012 | Jul 2012 | Jun 2012 | May 2012 | Apr 2012 | Mar 2012 | Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006

Home > Bankruptcy News

Bankruptcy News Apr 2010

1 2 Next

General Growth Files Plan to Exit Bankruptcy
If approved by U.S. Bankruptcy Judge Allan Gropper in New York, the plan also would set a floor on offers for General Growth at $15 a share. Thats higher than a $9 a share offer from rival Simon Property Group that General Growth rejected last month. (Thu, 01 Apr 2010 03:41:07 -0700)

Pali Holdings Files Bankruptcy After Brokerage Sale Failed
April 2 (Bloomberg) -- Pali Holdings Inc. filed for bankruptcy protection after failing to sell its New York-based securities brokerage, Pali Capital Inc. (Thu, 01 Apr 2010 21:38:29 -0700)

Rock & Republic files for bankruptcy protection
The Culver City designer of pricey denim and other apparel says reorganization will 'alleviate balance sheet burdens.' Rock & Republic, the fashion brand known for its pricey designer denim and other apparel, said Thursday that it had filed for Chapter 11 bankruptcy protection. (Thu, 01 Apr 2010 22:16:01 -0700)

Lender wants Sex.com bankruptcy case thrown out
A lender which claims it is owed millions by the Sex.com domain name operator is asking a U.S. bankruptcy court to dismiss an involuntary bankruptcy case against the company, so it can resume a foreclosure auction, according to new court documents. (Fri, 02 Apr 2010 01:08:06 -0700)

Area bankruptcy filings soar past 1,000 in March
By JON CHAVEZ BLADE BUSINESS WRITER For the first time since federal reforms were enacted five years ago, the number of monthly bankruptcy petitions filed in northwest Ohio have exceeded 1,000. In a noticeable consequence of the latest recession, March filings in the 21 Ohio counties covered by U.S. Bankruptcy Court in Toledo totaled 1,063, up 16 percent over the same month a year ago. Toledo ... (Fri, 02 Apr 2010 02:58:05 -0700)

Downtown Brevard project files for bankruptcy
By James Shea Times-News Staff BREVARD -- The largest development project in downtown Brevard filed for Chapter 11 bankruptcy protection last week. Called French Broad Place, the development consists of two stories of commercial space and two stories of condos and takes up an entire city block. (Fri, 02 Apr 2010 03:15:02 -0700)

U.S. Bankruptcy Filings Rise to Highest Since 2005
More Americans filed for bankruptcy protection in March than at any time since federal bankruptcy laws were overhauled in 2005, reflecting the unevenness of the economy's stabilization after the deepest recession since the 1930s. (Fri, 02 Apr 2010 05:39:53 -0700)

Icahn buys remaining half of mortgage on Trump casinos he wants to buy out of bankruptcy
ATLANTIC CITY, N.J. - Carl Icahn has bought the remaining half of the $500 million mortgage on the three Trump Entertainment Resorts casinos he's trying to buy out of bankruptcy. (Fri, 02 Apr 2010 06:16:10 -0700)

Pali Capitals Parent Files for Bankruptcy
Palis Chapter 11 petition, filed in Federal Bankruptcy Court in Manhattan on Thursday, listed $716,300 in assets and $31.8 million in debts. (Fri, 02 Apr 2010 07:56:07 -0700)

March Sees Highest Bankruptcy Filings Since 2005
The Automated Access to Court Electroic Records reports a spike in personal bankruptcy filings in March. (Fri, 02 Apr 2010 08:29:51 -0700)

Spansion bankruptcy plan rejected over payouts
* Payouts not shown to be reasonable, judge says * Creditors complained payouts would create windfall * Reserve needed on Tessera patent claim * Spansion plans to address concerns, exit bankruptcy By Jonathan Stempel NEW YORK, April 2 - A federal bankruptcy judge has refused to confirm Spansion Inc's reorganization plan, after creditors complained that incentives that the flash memory maker ... (Fri, 02 Apr 2010 13:32:14 -0700)

Pali Files Bankruptcy After Brokerage Sale Failed
April 2 (Bloomberg) -- Pali Holdings Inc. filed for bankruptcy protection after failing to sell its New York-based securities brokerage, Pali Capital Inc. (Fri, 02 Apr 2010 16:23:19 -0700)

Bankruptcy cases up 20% in March
The total number of companies filing for bankruptcy in the US jumped by more than 20 percent in March over the previous month, as business failures in the first quarter outpaced last year's total for the same period. The number of commercial bankruptcy filings hit 8,208 in March... (Fri, 02 Apr 2010 20:44:16 -0700)

Regole's Harvest Shoppe declares bankruptcy
Owners of Regole's Harvest Shoppe, a longtime fixture on the St. Charles business scene, have filed for bankruptcy. (Fri, 02 Apr 2010 22:00:36 -0700)

Is bankruptcy the best option for you?
ROSELAND, N.J. - While bankruptcy offers both individuals and businesses financial protection, its not a cure-all, advises the New Jersey Society of Certified Public Accountants (NJSCPA). (Fri, 02 Apr 2010 23:46:38 -0700)

Medical equipment firm Eigen files for bankruptcy
Grass Valley medical equipment firm Eigen Inc. has filed a Chapter 11 bankruptcy in federal court to reorganize the company and save 22 Nevada County jobs. "We are not closing, or laying off anybody, or slowing down," said Eigen President and CEO Brian Burr this week. "This is an unfortunate hiccup and we're cleaning up past management mistakes," Burr said. "We hope we can emerge from this the ... (Sat, 03 Apr 2010 01:03:18 -0700)

Pali Holdings Bankruptcy Follows Failed Sale of Its Brokerage
Pali Holdings Inc.s failed attempt to sell its New York-based securities brokerage, Pali Capital Inc., helped force the company to seek bankruptcy protection. (Sat, 03 Apr 2010 05:57:17 -0700)

Tribune Co. in deal with creditors to emerge from bankruptcy
The Tribune Co. announced an agreement with its major creditors Thursday that would allow the owner of the Chicago Tribune, Los Angeles Times and other newspapers to emerge from bankruptcy. (Thu, 08 Apr 2010 16:19:10 -0700)

Tribune gets creditor agreement on bankruptcy exit
U.S. newspaper publisher Tribune Co said on Thursday it has agreed with creditors on a plan that would help it exit bankruptcy protection later this year. (Fri, 09 Apr 2010 13:53:06 -0700)

UK arm of Reader's Digest rescued from bankruptcy
The British arm of Reader's Digest was pulled out of bankruptcy Friday following a 13 million pound management buyout backed by Jon Moulton's Better Capital private equity firm. (Fri, 09 Apr 2010 14:52:20 -0700)

Philly newspaper lenders denied 3rd Circuit review of bid rules at April 27 bankruptcy auction
PHILADELPHIA - A U.S. appeals court has denied creditors of Philadelphia's two largest newspapers a rehearing on a key issue that could determine who wins The Philadelphia Inquirer and Philadelphia Daily News at an upcoming bankruptcy auction. (Fri, 09 Apr 2010 15:23:22 -0700)

Northwoods Health Systems maintains bankruptcy protection
TROY Northwoods Health Systems will continue to have Chapter 11 bankruptcy protections after a federal bankruptcy judge on Friday adjourned the case until next month. (Sat, 10 Apr 2010 00:46:39 -0700)

Cleanup delayed after Lyondell bankruptcy
Executives of Middlebury-based Chemtura Corp. are joined by officials of the New York Stock Exchange during the opening bell ceremony at the NYSE, Tuesday, July 5, 2005. Chemtura may be able to avoid billions in environmental liabilities thanks to the bankruptcy petition it filed last year. (Sat, 10 Apr 2010 01:59:23 -0700)

Derrick Coleman files bankruptcy, claims $4.7 million in debt
DETROIT (AP) Former NBA star and Detroit high school basketball legend Derrick Coleman says in a bankruptcy filing that he is $4.7 million in debt. (Sat, 10 Apr 2010 04:05:34 -0700)

Township to attempt to sell $9.8 million claim in Visteon bankruptcy
In a move that Trustee Jeff Jahr described as "unprecedented," township officials agreed on a procedure that would allow them to act quickly to maximize the potential revenue associated with selling the township's claim of $9.8 million in the Visteon bankruptcy proceedings. (Sat, 10 Apr 2010 04:50:18 -0700)

Ex-NBA star Coleman files for bankruptcy
Former National Basketball Association No. 1 draft-pick Derrick Coleman, who filed for Chapter 7 bankruptcy protection last month, says he owes his creditors nearly $4.7 million, The Wall Street Journal's Bankruptcy Beat blog reported Friday. (Sat, 10 Apr 2010 06:18:32 -0700)

Structured Solutions CEO files bankruptcy for former company
Structured Solutions Chief Executive Officer Robert Yuan has filed bankruptcy on another company he led. (Sat, 10 Apr 2010 08:51:52 -0700)

Lenders say Tribune bankruptcy resolution unfair
A group of secured creditors is challenging the Tribune Co.'s plan to emerge from Chapter 11 bankruptcy. (Mon, 12 Apr 2010 08:19:40 -0700)

Tribune lenders say bankruptcy plan unfair
A group of Tribune Co lenders on Monday labeled the U.S. newspaper publisher's proposed plan to exit bankruptcy "unfair" and said they deserve the right to propose an alternative. (Mon, 12 Apr 2010 11:34:10 -0700)

Tribune files bankruptcy plan, lenders cry "unfair"
Tribune Co filed its bankruptcy reorganization plan on Monday, setting the U.S. newspaper publisher up for a showdown with a large group of lenders that called the terms "unfair" and demanded the right to propose a rival plan. (Mon, 12 Apr 2010 14:32:48 -0700)

Tribune Co. files bankruptcy reorganization plan
The Tribune Co. filed a bankruptcy reorganization plan that would allow it to keep its newspapers and broadcast stations while wiping out most of its debt, even as two groups of lenders vowed to unravel a pivotal part of the proposal. (Mon, 12 Apr 2010 15:39:51 -0700)

Tribune Files Bankruptcy Plan; Lenders Protest
Tribune, which publishes The Chicago Tribune and The Los Angeles Times and owns several television stations including the superstation WGN, filed its Chapter 11 plan in Federal Bankruptcy Court in Wilmington, Del. Tribunes filing came four days after the company announced an accord with some creditors to resolve potential claims tied to its $8.2 billion leveraged buyout in 2007. The plan ... (Mon, 12 Apr 2010 16:11:06 -0700)

Bankruptcy court confirms Trump reorganization
Trump Entertainment Resorts Inc said on Monday that its bankruptcy court confirmed its reorganization plan and that it expects to emerge from bankruptcy later this year. (Mon, 12 Apr 2010 18:35:31 -0700)

How to get your money in bankruptcy
You want your money but it's been levied by the bank. Don't fret; you can get to it in bankruptcy. (Tue, 13 Apr 2010 03:00:00 -0700)

Lehman Bankruptcy Judge Rejects Barclays' Motion to Dismiss Suit
New York Bankruptcy Court Judge James Peck rejected Barclays' bid to dismiss a suit related to its purchase of Lehman Brothers' North American brokerage business, according to published reports. (Tue, 13 Apr 2010 05:53:15 -0700)

Berry Chill files for bankruptcy
By Becky Yerak | Chicago-based Berry Chill LLC, one of at least four operators that debuted here in 2008 as the frozen yogurt industry enjoyed a resurgence, has filed for Chapter 11 bankruptcy, saying it signed some "bad leases" and needs to reorganize. (Tue, 13 Apr 2010 06:01:55 -0700)

Tribune Co. bankruptcy: Publisher files reorganization plan
WILMINGTON, DEL. Tribune has filed a bankruptcy reorganization plan that would allow it to keep its newspapers and broadcast stations while sharply reducing the debt that has threatened to sink the media company. (Tue, 13 Apr 2010 06:23:39 -0700)

What Happens to Outstanding Loans During Bankruptcy?
It depends on your company's legal structure and the type of bankruptcy you file. But financing companies prefer payments over equipment repossessions (Tue, 13 Apr 2010 09:23:30 -0700)

Judge affirms Tribune's exclusive right to pursue bankruptcy plan
Unhappy creditors lose bid to present their own version, but the door is left open to a challenge of the 2007 leveraged takeover of Tribune. Fresh from striking a hard-won compromise with many of its key creditor constituencies, Chicago-based Tribune Co. took one step forward and another step back at a hearing in U.S. Bankruptcy Court on Tuesday. (Tue, 13 Apr 2010 14:33:28 -0700)

Tribune to pursue bankruptcy reorg plan
But judge signals willingness to appoint independent examiner to look into 2007 sale of media company Fresh from striking a hard-won compromise among many of its key creditor constituencies, Chicago-based Tribune Co. took one step forward and another one back at a hearing before a U.S. bankruptcy judge Tuesday. (Tue, 13 Apr 2010 19:46:56 -0700)

Fremont Bankruptcy Reaches Final Phase
Fallen subprime mortgage lender Fremont General Corp. is moving closer to emerging from bankruptcy after nearly two years of wrangling. At months end, presentations are expected in U.S. Bankruptcy Court in Santa Ana by groups looking to lead the Anaheim Hills-based company out of bankruptcy. (Wed, 14 Apr 2010 00:29:10 -0700)

Tribune bankruptcy judge nixes creditors' alternative plan
A federal judge overseeing Tribune Co.'s bankruptcy case refused Tuesday to let a group of creditors file an alternative to the media company's reorganization plan. (Wed, 14 Apr 2010 00:57:21 -0700)

Tribune bankruptcy: Lenders say resolution is unfair
DOVER, DEL. A group of secured creditors is challenging the Tribune Co.'s plan to emerge from Chapter 11 bankruptcy. (Wed, 14 Apr 2010 01:37:08 -0700)

Tribune Co. bankruptcy: Publisher files reorganization plan
WILMINGTON, DEL. Tribune has filed a bankruptcy reorganization plan that would allow it to keep its newspapers and broadcast stations while sharply reducing the debt that has threatened to sink the media company. (Wed, 14 Apr 2010 01:39:48 -0700)

Fox Lake Plaza developers in Edmond file bankruptcy
EDMOND The company developing Fox Lake Plaza, that has been a thorn in the sides of neighbors and city officials for more than six years with its hill of blowing red dirt, is now in bankruptcy.Expressway Development LLC, the company developing the proposed shopping center at Interstate 35 and 15th Street filed a bankruptcy petition after two bank mortgages, totaling more than $8.4 million plus ... (Wed, 14 Apr 2010 05:10:37 -0700)

Bankruptcy could impact Morrisville burlesque lawsuit
Stockham Interests, LLC, which owns the vacant Stockham building on the corner of Bridge Street and Pennsylvania Avenue in Morrisville Borough, has filed for bankruptcy. (Wed, 14 Apr 2010 06:09:33 -0700)

How to avoid filing for bankruptcy
For many people, bankruptcy should be a last resort, says Angela Self. Here are some alternatives (Wed, 14 Apr 2010 08:15:47 -0700)

Lehman Had $1.2 Billion Loss After a Bankruptcy Fire Sale
Lehman Brothers had over $1.2 billion in losses in the days following its epic bankruptcy, after the nation's largest commodities exchange ordered the sale of Lehman's trading positions to a select group of firms. (Wed, 14 Apr 2010 13:52:46 -0700)

Historic NYC hospital St Vincent's files bankruptcy
The historic St. Vincent's Hospital in New York City's Greenwich Village on Wednesday filed for bankruptcy protection, after more than 160 years of treating patients. (Wed, 14 Apr 2010 16:44:43 -0700)

Baseballs Texas Rangers Said to Face Bankruptcy
The Texas Rangers may be forced into bankruptcy unless the terms of a planned sale of the Major League Baseball team controlled by billionaire Thomas Hicks are improved or another buyer is found, according to two people familiar with the matter. (Wed, 14 Apr 2010 17:00:40 -0700)

Saint Vincent Files for Bankruptcy Protection in New York City
April 15 (Bloomberg) -- Saint Vincent Catholic Medical Centers, operator of a hospital in New Yorks Greenwich Village for 160 years, filed for bankruptcy court protection, listing more than $1 billion in debt. (Wed, 14 Apr 2010 22:00:36 -0700)

Lehman sets payouts to exit bankruptcy
(Reuters) - Lehman Brothers Holdings Inc expects to pay creditors between 15 and 27 percent of their $1 trillion claims as part of its plan to exit bankruptcy. (Thu, 15 Apr 2010 00:35:00 -0700)

Lehman sets payouts to exit bankruptcy
Lehman Brothers Holdings Inc laid out a plan on Wednesday to repay creditors a portion of some $1 trillion in expected claims, under a proposal that could resolve the largest U.S. bankruptcy in history. (Thu, 15 Apr 2010 01:52:42 -0700)

Lehman sets payouts to exit bankruptcy
NEW YORK, April 15 Lehman Brothers Holdings Inc laid out a plan yesterday to repay creditors a portion of some US$1 trillion (RM3.3 trillion) in expected claims, under a proposal that could resolve the largest US bankruptcy in history. Lehmans proposal in a disclosure statement to a US court was the first complete view of how it intended to exit the historic bankruptcy case following its ... (Thu, 15 Apr 2010 02:33:32 -0700)

Bankruptcy could impact Morrisville burlesque lawsuit
Stockham Interests, LLC, which owns the vacant Stockham building on the corner of Bridge Street and Pennsylvania Avenue in Morrisville Borough, has filed for bankruptcy. (Thu, 15 Apr 2010 07:54:49 -0700)

BULLETIN: New York Chocolate Files For Bankruptcy, Winding Down Business
11:00 am: New York Chocolate and Confections Company, the Ivory Coast government-owned firm that was attempting to restart the closed Nestle chocolate plant, yesterday filed for bankruptcy protection under Chapter 11, which allows reorganization of debts. Quick update: We're reading the documents and the company uses the phrase "orderly wind-down of its business", meaning it appears to plan to ... (Thu, 15 Apr 2010 08:15:04 -0700)

Lehman Examiner Full Report Adds Pieces to Bankruptcy Puzzle
From accounting gimmicks to flummoxed risk managers, newly released documents, gathered by the court-appointed examiner of Lehman Brothers shed fresh light on some of the factors that propelled the bank to bankruptcy. (Thu, 15 Apr 2010 08:47:36 -0700)

Lehman wins OK to create new asset mgmt co, bankruptcy judge declares he's never seen this before
Lehman Brothers Holdings Inc (LEHMQ.PK), which filed the largest bankruptcy in U.S. history, won a federal bankruptcy judge's approval on Thursday to create a new asset management company. (Thu, 15 Apr 2010 12:13:00 -0700)

SCO Bankruptcy - The Dec. 30, 2009 Hearing Transcript & Order Giving Darl the Mobility Assets
Groklaw: "I view the bankruptcy hearings at this point as comic relief, since nothing goes the way any of us here think they should. Bankruptcy court seems like cartoon court to me. So, when I heard that the December 2009 hearing transcript [PDF] was available, I said, Oh, goody!" (Thu, 15 Apr 2010 21:39:44 -0700)

Wardsboro woman gets jail for bankruptcy fraud
BURLINGTON -- Arlene Arellano, 64, of Wardsboro, was sentenced last week to three months in prison following her guilty plea to a charge of bankruptcy fraud. (Fri, 16 Apr 2010 01:19:49 -0700)

How to get Your Money in Bankruptcy
You want your money but it's been levied by the bank. Don't fret; you can get to it in bankruptcy. (Fri, 16 Apr 2010 06:40:14 -0700)

VT woman gets 3 months for bankruptcy fraud
BURLINGTON, Vt. (AP) A 64-year-old Vermont woman is going to prison for three months after pleading guilty to a federal bankruptcy fraud charge. Prosecutors say Arellano filed for bankruptcy in 2007, but failed to disclose that she owned a half interest in a $150,000 house in Wardsboro and had $3,000 in a South Carolina bank account. (Fri, 16 Apr 2010 06:49:15 -0700)

VT woman gets 3 months for bankruptcy fraud
Associated Press - April 16, 2010 9:45 AM ET BURLINGTON, Vt. (AP) - A 64-year-old Vermont woman is going to prison for three months after pleading guilty to a federal bankruptcy fraud... (Fri, 16 Apr 2010 06:49:25 -0700)

Vermont woman gets 3 months for bankruptcy fraud
BURLINGTON A 64-year-old Vermont woman is going to prison for three months after pleading guilty to a federal bankruptcy fraud charge. The Brattleboro Reformer says Arlene Arellano of Wardsboro was sentenced last week in U.S. District Court in Burlington. (Fri, 16 Apr 2010 06:56:04 -0700)

VT woman gets 3 months for bankruptcy fraud
A 64-year-old Vermont woman is going to prison for three months after pleading guilty to a federal bankruptcy fraud charge. (Fri, 16 Apr 2010 07:38:02 -0700)

DLA Piper Leads Erickson Retirement Communities Out of Bankruptcy
April 16, 2010 After filing for Chapter 11 bankruptcy protection on Oct. 20, 2009, Erickson Retirement Communities LLC and its affiliated debtors, represented by DLA Piper, have emerged from bankruptcy today after the US Bankruptcy Court for the Northern District of Texas confirmed the debtors plan of reorganization and sale to Redwood Capital Investments LLC. (Fri, 16 Apr 2010 08:27:43 -0700)

Bankruptcy petitions for April 19
The following are recent business bankruptcy petitions filed in U.S. Bankruptcy Court: Case Number: 10-32597 Burning Bush Day Care & Learning Center Inc., Henrico County Business: Day care center Assets: 0 Liabilities: $210,180 Filing: Chapter 11 (reorganization) Case Number: 10-32610 M & S Fine Foods Inc., Henrico CountyAssets: $500,001 to $1 million Liabilities: $1,000,001 to $10 million ... (Sun, 18 Apr 2010 21:16:41 -0700)

Mall owner files reorganization plans with bankruptcy court
After months of delays, the Chicago-based owner of the partially built Elk Grove Promenade mall has officially filed plans to emerge from bankruptcy protection, it announced late last month. (Sun, 18 Apr 2010 22:16:00 -0700)

Idaho judge sees the faces of bankruptcy
This year, more than 8,000 families in Idaho will be in the unenviable position of having to file for bankruptcy. Jim Pappas, a U.S. bankruptcy judge for the District of Idaho, will preside over many of those cases. (Sun, 18 Apr 2010 22:37:56 -0700)

PAL spins off 3 non-core subsidiaries as last resort to avoid bankruptcy
As a last resort to avoid bankruptcy, flag-carrier Philippine Airlines (PAL), which has bled more than P15 billion (over $350 million) in the past two fiscal years, is spinning-off its three non-core units (1) inflight catering services, (2) airport services, including ground handling, cargo handling and ramp handling as well as (3) call center reservations, at the end of next month. (Sun, 18 Apr 2010 23:42:17 -0700)

Structured Solutions CEO files bankruptcy for former company
Structured Solutions Chief Executive Officer Robert Yuan has filed bankruptcy on another company he led. (Sun, 18 Apr 2010 23:51:02 -0700)

Bankruptcy Trustee Settles With Former Rothstein Firm Lawyers Over Future Fees
The trustee in the bankruptcy case of Ponzi operator Scott Rothstein's defunct law firm has settled disputes with seven attorneys over future legal fees from cases they handled while employed at Rothstein Rosenfeldt Adler. (Mon, 19 Apr 2010 00:02:10 -0700)

Vermont woman gets 3 months for bankruptcy fraud
BURLINGTON A 64-year-old Vermont woman is going to prison for three months after pleading guilty to a federal bankruptcy fraud charge. The Brattleboro Reformer says Arlene Arellano of Wardsboro was sentenced last week in U.S. District Court in Burlington. (Mon, 19 Apr 2010 03:19:11 -0700)

Kyiv court opens bankruptcy proceedings for Puzata Khata
The commercial court of the city of Kyiv opened bankruptcy proceedings for Puzata Khata, a company running the eponymous chain of restaurants, the court has informed. (Mon, 19 Apr 2010 04:59:18 -0700)

Bankruptcy could impact Morrisville burlesque lawsuit
Stockham Interests, LLC, which owns the vacant Stockham building on the corner of Bridge Street and Pennsylvania Avenue in Morrisville Borough, has filed for bankruptcy. (Mon, 19 Apr 2010 08:23:13 -0700)

Wilderness Crossings Under Bankruptcy Protection
Owners of Wilderness Crossings are reorganizing under Chapter 11 Bankruptcy (Mon, 19 Apr 2010 08:40:05 -0700)

Tribune Reaches Agreement on Bankruptcy Examiner
Tribune agrees on appointment of bankruptcy examiner to look at 2007 buyout Bankruptcy - Law - Services - Lawyers and Law Firms - Bankruptcy Law (Mon, 19 Apr 2010 11:53:58 -0700)

Tribune reaches agreement on bankruptcy examiner
Attorneys in the Chapter 11 bankruptcy of the Tribune Co. presented a judge Monday with a draft agreement for the appointment of an independent examiner to look at issues surrounding the 2007 leveraged buyout of the media conglomerate. (Mon, 19 Apr 2010 15:16:04 -0700)

Spansion to exit bankruptcy after more than a year
Spansion to exit bankruptcy after more than a year (Mon, 19 Apr 2010 18:07:17 -0700)

Tribune, creditors agree to accept bankruptcy examiner
The court appointee will be able to inspect all aspects of the case, including Sam Zells leveraged buyout of the company in 2007. Tribune Co. and its creditors agreed Monday to accept the appointment of an independent bankruptcy examiner in the Chapter 11 case, opening the door to further scrutiny of Tribune Chairman Sam Zell's controversial 2007 leveraged buyout of the Chicago-based media ... (Mon, 19 Apr 2010 21:05:37 -0700)

2nd Circuit Upsets Bankruptcy Sanction of Developer Linked to Marc Dreier
A bankruptcy judge's decision to sanction a prominent real estate developer who hired Marc Dreier in 2004 in a scheme to meddle with a rival's bankruptcy has been reversed by a federal appeals court. The 2nd Circuit said the judge lacked the authority to order $334,583 in sanctions against developer Sheldon Solow, his chief operating officer at Solow Realty & Development Co., Dreier and others ... (Mon, 19 Apr 2010 21:12:35 -0700)

WILMINGTON DIOCESE: Church attorney asks for quick mediation of bankruptcy case
With legal bills spiraling above $1 million in the past six months, the Catholic Diocese of Wilmington said Monday it wants to move to mediation to speed up its bankruptcy reorganization and preserve assets for creditors. (Tue, 20 Apr 2010 03:32:53 -0700)

Going through divorce in bankruptcy
Dear Bankruptcy Adviser, My husband and I filed a Chapter 13 bankruptcy back in November. We are now separated and as soon as we can save enough money, we will file for divorce. What can we do about the Chapter 13 case? (Tue, 20 Apr 2010 03:51:39 -0700)

WBOC-TV 16, Delmarvas News Leader, FOX 21 - Judge Considers Mediation in Diocese Bankruptcy
WILMINGTON , Del. (AP)- A bankruptcy judge is considering whether to appoint a mediator in the Catholic Diocese of Wilmington's bankruptcy. (Tue, 20 Apr 2010 06:10:46 -0700)

Going Through Divorce in Bankruptcy
Add divorce to bankruptcy and you'll want to consider these alternatives to make things easier. (Tue, 20 Apr 2010 06:45:35 -0700)

Law to aid those filing bankruptcy
Tennesseans who declare personal bankruptcy will soon be allowed to protect more of their personal assets because of state legislation passed earlier this month. (Tue, 20 Apr 2010 07:14:00 -0700)

More than five European airlines risk bankruptcy : IATA chief
More than five European airlines risk bankruptcy after the volcanic ash cloud halted traffic, the head of the International Air Transport Association (IATA) said Tuesday. (Tue, 20 Apr 2010 13:34:47 -0700)

Innkeepers USA preps for possible bankruptcy: sources
Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, according to four people familiar with the matter. (Tue, 20 Apr 2010 18:19:21 -0700)

Chryslers Old Carco Assets in Bankruptcy Can Be Liquidated
U.S. Bankruptcy Judge Arthur Gonzalez in Manhattan yesterday approved Old Carcos Chapter 11 liquidation, which resolves all remaining objections in the case that began on April 30, 2009. The day it filed, Chrysler agreed that Fiat SpA would pay $2 billion for a stake in the company while Chrysler kept the remnants, including $27 billion of debt, in bankruptcy. (Tue, 20 Apr 2010 23:04:37 -0700)

Chrysler posts 1st profit since bankruptcy
Chrysler Group LLC said Wednesday that it posted its first quarterly operating profit since being acquired by the Italian automaker Fiat as part of its emergence from bankruptcy last year. (Wed, 21 Apr 2010 04:50:09 -0700)

Chrysler posts $3.8 bln post-bankruptcy loss
Chrysler posted a post-bankruptcy 2009 loss of 3.8 billion dollars Wednesday, but said it had exceeded financial targets and achieved an operating profit in the first quarter of 2010. (Wed, 21 Apr 2010 05:33:52 -0700)

Chrysler posts $4 billion of losses since bankruptcy
Chrysler reported net losses of nearly $4 billion since it emerged from bankruptcy last year, but it had an operating profit in the first quarter and affirmed that it was on track to break even in 2010. (Wed, 21 Apr 2010 06:11:58 -0700)

Chrysler lost $4bln since emerging from bankruptcy
Chrysler has lost four billion dollars since emerging from bankruptcy in June but said Wednesday it was on target to meet its financial goals in 2010. (Wed, 21 Apr 2010 06:18:45 -0700)

Chrysler posts $3.8 bln post-bankruptcy loss
CHICAGO -Chrysler posted a post-bankruptcy 2009 loss of 3.8 billion dollars Wednesday, but said it had exceeded financial targets and achieved an operating profit in the first quarter of 2010. Read more... (Wed, 21 Apr 2010 06:27:44 -0700)

Chrysler posts $3.8B post-bankruptcy loss in 2009
Chrysler posted a post-bankruptcy 2009 loss of $3.8 billion Wednesday, but said it had exceeded financial targets and achieved an operating profit in the first quarter of 2010. "The steady progression of our financial results from June through December 2009 shows that Chrysler is on track to meet the... (Wed, 21 Apr 2010 08:09:04 -0700)

Post-bankruptcy Chrysler loses $3.8 billion
But the Fiat-managed company cut its losses to $197 million and recorded a $143-million operating profit in the first quarter of the year. Despite a $3.8-billion loss since emerging from bankruptcy in June, Chrysler Group's financial prospects are improving, says chief executive Sergio Marchionne.. (Wed, 21 Apr 2010 08:55:58 -0700)

FX Real Estate Unit Seeks Bankruptcy Court Protection
April 21 (Bloomberg) -- A unit of FX Real Estate and Entertainment Inc. that owns almost 18 acres of land on the Las Vegas Strip filed for bankruptcy court protection from its creditors. (Wed, 21 Apr 2010 14:45:26 -0700)

Chrysler says it lost $3.8 billion between bankruptcy and year-end
Chrysler, which emerged from bankruptcy last June, reported Wednesday that it lost $3.8 billion through the end of the year but expects its operations to break even in 2010. (Wed, 21 Apr 2010 21:00:00 -0700)

End Nears In Vaughan Bankruptcy Case
The end may be getting close in real estate mogul Doug Vaughan's personal bankruptcy case. (Wed, 21 Apr 2010 23:45:19 -0700)

New gas deal with Russia to save Ukraine's Naftogaz from bankruptcy
The new gas deal with Russia offering Ukraine a 30% discount on the price of Russian natural gas supplies will help Naftogaz to avoid bankruptcy, the Ukrainian national energy company said in a statement on Thursday. (Thu, 22 Apr 2010 03:58:46 -0700)

Congress May Allow Private Student Loans to Be Shed in Bankruptcy
Two bills may change bankruptcy code. (Thu, 22 Apr 2010 08:00:24 -0700)

Mahorn Files For Bankruptcy
Former Detroit Pistons star Rick Mahorn and his wife have filed for Chapter 7 bankruptcy following failed investments, a drop in value of a home they bought and efforts to repay an IRS debt. (Thu, 22 Apr 2010 08:13:11 -0700)

Lehman Bankruptcy Bill Approaches $750 Million
Lehman Brothers has paid all its lawyers and advisers a total of $731.6 million in the 18 months since its collapse, including more than $250 million paid to its bankruptcy liquidator, Alvarez & Marsa , Bloomberg News reports , citing a regulatory filing by the onetime Wall Street firm. (Thu, 22 Apr 2010 11:50:20 -0700)

Boyd objects to Station Casinos bankruptcy plan
Casino operator Boyd Gaming Corp. is objecting to a proposed bankruptcy plan by rival Station Casinos Inc., saying it devalues certain properties that would be sold under a court auction. (Thu, 22 Apr 2010 15:16:45 -0700)

Simon Opposes General Growth Bankruptcy Sale Control
Simon Property Group Inc., a bidder for bankrupt General Growth Properties Inc., said there are legal reasons the company should favor its bid over that of Brookfield Asset Management Inc., filing an objection in U.S. Bankruptcy Court to General Growths planned bidding procedures. (Thu, 22 Apr 2010 15:18:55 -0700)

Boyd Objects to Station Casinos Bankruptcy Plan
Boyd objects to proposed Station Casinos bankruptcy plan, complains it devalues some casinos Station Casinos - Bankruptcy - United States - Law - Services (Thu, 22 Apr 2010 15:39:26 -0700)

Witnesses in Magna bankruptcy back settlement
Financial advisers involved in horse track owner Magna Entertainment Corp.'s Chapter 11 bankruptcy testified Thursday that creditors will fare better in the company's reorganization plan than they would from additional sales of its assets. (Thu, 22 Apr 2010 17:25:43 -0700)

RI city says bankruptcy should be option
The General Assembly is being asked to give cities and towns in Rhode Island the ability to file for bankruptcy protection. (Fri, 23 Apr 2010 03:10:43 -0700)

Popular burger chain files for bankruptcy
Magic Brands, which owns Fuddruckers, filed for Chapter 11 bankruptcy and plans to close 24 corporate-owned stores by the end of the month. (Fri, 23 Apr 2010 07:25:49 -0700)

Two Icelandic banks file for bankruptcy
Iceland's government said Friday it had taken control of two small savings banks that had filed for bankruptcy after failing to reach a repayment deal with their creditors. (Fri, 23 Apr 2010 07:50:11 -0700)

ND Bankruptcy Cases Up 20 Percent in 2009
The number of North Dakota bankruptcy cases jumped about 20 percent last year, but the increase still was among the lowest in the country. (Fri, 23 Apr 2010 08:48:58 -0700)

Vegas Monorail seeks more time on bankruptcy plan
The Las Vegas Monorail is asking a federal bankruptcy judge for three more months to file a bankruptcy reorganization plan. (Fri, 23 Apr 2010 12:51:10 -0700)

Vegas Monorail Seeks More Time on Bankruptcy Plan
Las Vegas Monorail seeks 3 more months to file bankruptcy plan because of extra paperwork Bankruptcy - Las Vegas Monorail - United States - Nevada - Law (Fri, 23 Apr 2010 13:24:46 -0700)

Vegas Monorail seeks more time on bankruptcy plan
The Las Vegas Monorail is asking a federal bankruptcy judge for three more months to file a bankruptcy reorganization plan. The nonprofit monorail wants to file its Chapter 11 reorganization plan by Aug. 17. Its current deadline is May 19, the same day U.S.... United States - Las Vegas Monorail - Chapter 11 Title 11 United States Code - Bankruptcy - Law (Fri, 23 Apr 2010 13:29:58 -0700)

Judge OKs plan to resolve Dwek bankruptcy
A federal bankruptcy judge has approved a plan that would pay Solomon Dwek's creditors about 30 cents on the dollar, effectively ending the massive bankruptcy case against the former Ocean Township developer. (Fri, 23 Apr 2010 19:40:59 -0700)

Maui developer Waiehu Aina LLC files for bankruptcy
Waiehu Aina LLC, a company that purchased more than 250 acres of undeveloped Maui land with the intention of selling farm lots, has filed for bankruptcy. (Fri, 23 Apr 2010 21:03:42 -0700)

Vegas Monorail seeks more time on bankruptcy plan
LAS VEGAS (AP) - The Las Vegas Monorail is asking a federal bankruptcy judge for three more months to file a bankruptcy reorganization plan. The nonprofit monorail wants to file its Chapter 11 reorganization plan by Aug. 17. Its current deadline is May 19, the same day U.S. Bankruptcy Judge Bruce Markell in Las Vegas is due to consider a request to set an Oct. 18 deadline to approve the plan ... (Sat, 24 Apr 2010 04:47:23 -0700)

Lyondell gets court nod to exit bankruptcy
Lyondell gets court nod to exit bankruptcyLyondell gets court nod to exit bankruptcy (Sat, 24 Apr 2010 06:42:40 -0700)

Las Vegas Monorail seeks more time for bankruptcy plan
The Las Vegas Monorail is asking a federal bankruptcy judge for three more months to file a Chapter 11 reorganization plan. (Sat, 24 Apr 2010 07:28:38 -0700)

Boyd objects to Station Casinos bankruptcy plan
LAS VEGAS -- Casino operator Boyd Gaming Corp. is objecting to a proposed bankruptcy plan by rival Station Casinos Inc., saying it devalues certain properties that would be sold under a court auction. (Sat, 24 Apr 2010 17:49:45 -0700)

LyondellBasell reorganization plan confirmed by bankruptcy court
ROTTERDAM, Netherlands The United States Bankruptcy Court for the Southern District of New York confirmed LyondellBasells Plan of Reorganization today. The Plan received broad-based support from virtually all creditor classes entitled to vote on the Plan. LyondellBasell affiliates currently in voluntary reorganization are projected to emerge from Chapter 11 protection on April 30. (Sat, 24 Apr 2010 22:41:02 -0700)

US bankruptcy petitions jump to 1.4 mn in 2009
New York, Apr 25 (PTI) Notwithstanding the slow economic recovery, the number of bankruptcy petitions in the US last year soared to 1.4 million, which is a jump of 35 per cent compared to 2008. (Sun, 25 Apr 2010 02:38:35 -0700)

US bankruptcy petitions jump to 1.4 mn in 2009
US bankruptcy petitions jump to 1.4 mn in 2009US bankruptcy petitions jump to 1.4 mn in 2009 (Sun, 25 Apr 2010 03:12:40 -0700)

General Growth bankruptcy exit plan hearing delayed
Mall owner General Growth Properties Inc said a U.S. Bankruptcy Court hearing scheduled for Thursday has been rescheduled to next week, giving it more time to talk to larger rival Simon Property Group Inc and other potential investors. (Mon, 26 Apr 2010 11:36:59 -0700)

Philly Papers Face Milestone In Bankruptcy Fight
The owners of The Philadelphia Inquirer and the Philadelphia Daily News are fighting to keep local control of their newspapers despite declaring bankruptcy early last year. They may find out if they've succeeded on April 27, when the papers are scheduled to go up for auction. (Tue, 27 Apr 2010 04:01:55 -0700)

CIT Group Reports Profit During First Post-Bankruptcy Quarter
April 27 (Bloomberg) -- CIT Group Inc. , the commercial lender run by John A. Thain , posted a profit in its first full quarter since emerging from a bankruptcy that erased $2.3 billion of government bailout money. (Tue, 27 Apr 2010 04:09:17 -0700)

CIT Posts Profit in First Post-Bankruptcy Quarter
CIT Group Inc., the commercial lender run by John A. Thain, posted a surprise profit in its first full quarter since emerging from a bankruptcy that erased $2.3 billion of government bailout money. The shares rose 4.4 percent in early New York trading. (Tue, 27 Apr 2010 04:24:14 -0700)

CIT Posts Profit in First Post-Bankruptcy Quarter
April 27 (Bloomberg) -- CIT Group Inc. , the commercial lender run by John A. Thain , posted a surprise profit in its first full quarter since emerging from a bankruptcy that erased $2.3 billion of government bailout money. (Tue, 27 Apr 2010 04:28:59 -0700)

CIT Group turns profit after exiting bankruptcy
The business lender CIT Group Inc. said Tuesday it turned a profit in its first quarter since emerging from bankruptcy protection. The performance by CIT Group could bode well for small and midsize businesses, many of which rely on CIT Group for financing.... CIT Group - Bankruptcy - New York - Law - Services (Tue, 27 Apr 2010 05:00:16 -0700)

CIT Group turns profit after exiting bankruptcy
The business lender CIT Group Inc. said Tuesday it turned a profit in its first quarter since emerging from bankruptcy protection. (Tue, 27 Apr 2010 05:22:15 -0700)

CIT Group Turns Profit After Exiting Bankruptcy
CIT Group posts $97M profit in 1st quarter since emerging from bankruptcy protection Bankruptcy - CIT Group - Law - Services - Lawyers and Law Firms (Tue, 27 Apr 2010 05:39:46 -0700)

CIT Posts Profit in First Post-Bankruptcy Quarter
April 27 (Bloomberg) -- CIT Group Inc. , the commercial lender run by John A. Thain , posted a surprise profit in its first full quarter since emerging from a bankruptcy that erased $2.3 billion of government bailout money. The shares rose 4.4 percent in early New York trading. (Tue, 27 Apr 2010 05:44:32 -0700)

CIT Group turns profit after exiting bankruptcy
The business lender CIT Group Inc. said today it turned a profit in its first quarter since emerging from bankruptcy protection. (Tue, 27 Apr 2010 07:13:25 -0700)

CIT Group turns profit after exiting bankruptcy
NEW YORK -- The business lender CIT Group Inc. said Tuesday it turned a profit in its first quarter since emerging from bankruptcy protection. (Tue, 27 Apr 2010 07:34:12 -0700)

RadNet buys 3 facilities in bankruptcy proceeding
RadNet Inc., which operates medical diagnostic imaging centers, said Tuesday it bought three medical imaging centers for just under $2.3 million from Sonix Medical Resources Inc. in a bankruptcy proceeding. (Tue, 27 Apr 2010 13:18:38 -0700)

CIT Posts Profit in First Post-Bankruptcy Quarter
April 27 (Bloomberg) -- CIT Group Inc. , the commercial lender run by John A. Thain , posted a surprise profit in its first full quarter since emerging from bankruptcy. (Tue, 27 Apr 2010 15:19:02 -0700)

Personal bankruptcy on rise in Thurston
Personal bankruptcy filings in South Sound rose nearly 25 percent in the first quarter of this year from the first quarter of 2009, according to data compiled by the U.S. Bankruptcy Court for the Western District of Washington. (Wed, 28 Apr 2010 00:15:06 -0700)

Bankruptcy Won't Change Fuddruckers
Fuddruckers says North Texas customers won't notice anything different as it enters into bankruptcy. (Wed, 28 Apr 2010 07:36:01 -0700)

Lehman Bankruptcy Had No Planning, Lawyer Miller Says
April 28 (Bloomberg) -- Lehman Brothers Holdings Inc. s bankruptcy was preceded by no planning whatsoever and the sale of its brokerage was negotiated amid pressure from regulators to stabilize financial markets, its lead bankruptcy lawyer said. (Wed, 28 Apr 2010 07:45:28 -0700)

Bulgarian Business Ridden with Bankruptcy
Number of Bulgarian companies that have filed for bankruptcy has steeped according to data by the Bulgarian Ministry of Justice. Photo by BGNES (Wed, 28 Apr 2010 07:52:06 -0700)

CIT Group turns profit after exiting bankruptcy
The business lender CIT Group Inc. said today it turned a profit in its first quarter since emerging from bankruptcy protection. (Wed, 28 Apr 2010 07:58:20 -0700)

Atrium Companies' Plan of Reorganization Confirmed by U.S. Bankruptcy Court
DALLAS----Atrium Companies Inc., one of the largest manufacturers of residential vinyl and aluminum windows and patio doors in North America, today announced that the United States Bankruptcy Court for the District of Delaware has confirmed its Plan of Reorganization, positioning the Company to complete its restructuring and emerge from chapter 11 by April 30. (Wed, 28 Apr 2010 08:02:00 -0700)

General Growth adds debt to bankruptcy filing
The nation's second-largest U.S. mall owner, General Growth Properties is adding more debt to the largest real-estate bankruptcy in U.S. history. (Wed, 28 Apr 2010 08:24:16 -0700)

Lehman Bankruptcy Had No Planning, Lawyer Miller Says
April 28 (Bloomberg) -- Lehman Brothers Holdings Inc. s bankruptcy was preceded by no planning whatsoever and the sale of its brokerage was negotiated amid pressure from regulators to stabilize financial markets, its lead bankruptcy lawyer said. (Wed, 28 Apr 2010 09:45:25 -0700)

Tronox Wins More Time to Control Its Bankruptcy Case
April 28 (Bloomberg) -- Tronox Inc. won an extension of exclusive control of its bankruptcy, as equity holders and a Nevada state water authority didnt object, saying they would discuss dissatisfaction with the reorganization in a private conference with the judge. (Wed, 28 Apr 2010 10:45:39 -0700)

Six Flags May Exit Bankruptcy as Soon as Next Week
Creditors of Six Flags Inc reached a settlement that will clear the way for the theme park operator to exit bankruptcy just as it enters its peak season. (Wed, 28 Apr 2010 11:24:17 -0700)

SW Boston Hotel Venture Seeks Bankruptcy Protection
April 28 (Bloomberg) -- SW Boston Hotel Venture LLC, a real estate developer, filed for Chapter 11 bankruptcy protection today in Boston, listing both assets and liabilities of $100 million to $500 million. (Wed, 28 Apr 2010 16:11:14 -0700)

SW Boston Hotel Venture Seeks Chapter 11 Bankruptcy Protection
April 29 (Bloomberg) -- SW Boston Hotel Venture LLC, the developer of a W Hotel in Boston, filed for Chapter 11 bankruptcy protection, listing both assets and liabilities of $100 million to $500 million. (Wed, 28 Apr 2010 21:29:04 -0700)

Bankruptcy Judge Rejects Dreier Agreements
The government and the trustees charged with liquidating the estate of disbarred attorney Marc S. Dreier and his defunct 250-attorney law firm hit a stumbling block Wednesday when a federal bankruptcy judge said he could not sign off on two agreements reached between the parties after months of negotiation. Judge Stuart M. Bernstein said both agreements were reasonable, but concluded that he did ... (Thu, 29 Apr 2010 02:04:09 -0700)

Golf course's bankruptcy is a sign of industry's pain
The highly regarded Legends of Indiana Golf Course in Franklin has entered bankruptcy protection, the latest sign of weakness for a sporting industry that continued building new golf courses even after interest peaked. (Thu, 29 Apr 2010 03:41:52 -0700)

1 2 Next


Home Bankruptcy Guide Bankruptcy Resources Links About
© Copyright 101Bankruptcy.com. All rights reserved.